Matinas Biopharma Holdings, Inc. (NYSEAMERICAN:MTNB – Get Free Report)’s share price was up 0.4% during mid-day trading on Friday . The stock traded as high as $0.25 and last traded at $0.2340. Approximately 2,402,845 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 14,997,717 shares. The stock had previously closed at $0.2330.
Matinas Biopharma Stock Performance
The firm has a market capitalization of $1.50 million, a P/E ratio of -0.20 and a beta of 1.76. The stock’s 50 day simple moving average is $0.49 and its 200 day simple moving average is $0.57.
Matinas Biopharma (NYSEAMERICAN:MTNB – Get Free Report) last issued its earnings results on Thursday, August 13th. The company reported ($0.21) EPS for the quarter.
Institutional Inflows and Outflows
Matinas Biopharma Company Profile
Matinas Biopharma Inc is a clinical‐stage biopharmaceutical company that specializes in the development of novel lipid‐based drug delivery platforms. Its proprietary Lipid NanoSphere (LNS) technology is designed to encapsulate water‐soluble and hydrophobic therapeutic agents, enabling both oral and intravenous administration. The company’s approach aims to improve drug pharmacokinetics, enhance bioavailability and reduce systemic toxicity compared with conventional formulations.
The lead product candidate, MAT2203, is an oral formulation of amphotericin B being developed for the treatment of cryptococcal meningitis and other life‐threatening fungal infections.
Further Reading
- Five stocks we like better than Matinas Biopharma
- Is Best Buy the AI Winner Hiding in the Electronics Aisle?
- Applied Materials Beat Everything but Wall Street’s Expectations for Margins
- Back From Orbit, Intuitive Machines’ Share Price Enters the Buy Zone
- Texas Roadhouse and Brinker International Have the Recipe Rivals Are Missing
Receive News & Ratings for Matinas Biopharma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Matinas Biopharma and related companies with MarketBeat.com's FREE daily email newsletter.
